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Jindal Drilling & Industries standalone net profit declines 3.66% in the June 2016 quarter

Jindal Drilling & Industries standalone net profit declines 3.66% in the June 2016 quarter

Sep 14,2016

Net profit of Jindal Drilling & Industries declined 3.66% to Rs 9.48 crore in the quarter ended June 2016 as against Rs 9.84 crore during the previous quarter ended June 2015. Sales rose 11.24% to Rs 92.66 crore in the quarter ended June 2016 as against Rs 83.30 crore during the previous quarter ended June 2015.

ParticularsQuarter Ended
n++Jun. 2016Jun. 2015% Var.
Sales92.6683.3011
OPM %9.8912.74-
PBDT14.5518.68-22
PBT12.0915.01-19
NP9.489.84-4

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Board of BSE recommends final dividend
May 10,2017

BSE announced that the Board of Directors of the Company at its meeting held on 5 May 2017, inter alia, have recommended the final dividend of Rs 23 per equity Share (i.e. 1150%) , subject to the approval of the shareholders.

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Indian currency market closed for holiday
May 10,2017

Indian currency market was closed on Wednesday (10 May 2017) for a local holiday on account of Buddha Pournima. The trading will commence on Thursday.

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Hindalco provides update on subsidiary - Novelis
May 10,2017

Hindalco Industries announced that its subsidiary, Novelis Inc. has entered into a joint venture agreement with Kobe Steel, a producer of aluminium products in Japan. The joint venture to be named as Ulsan Aluminium, will be formed by Novelis selling Kobe Steel 50 per cent of its ownership interest in its Ulsan, South Korea facility for USD 315 million.

Through the joint venture, Novelis and Kobe Steel will jointly own and operate the Ulsan facility, with each company remaining responsible for its metal supply and commercial relationship. The joint venture transaction is expected to close in September 2017, subject to customary closing conditions.

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Somany Ceramics intimates increase in capacity of polished vitrified tiles
May 10,2017

Somany Ceramics announced that expansion of Vintage Plant (Morbi) of Vintage Tiles (an Associate Company) to produce Polished Vitrified Tiles (double charge) upto 4.80 million Square Meter (MSM) per annum is successfully completed and commercial production has commenced from 10 May 2017. This will enable the company to produce value added Polished Vitrified Tiles (double charge) in different sizes. As a result of this expansion, the capacity of the Plant has increased from 2.99 msm per annum to 4.80 msm per annum.

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Shyam Telecom appoints company secretary
May 10,2017

Shyam Telecom announced that Saurav Goel has been appointed as new Company Secretary w.e.f. 10 May 2017 in place of Dharmender Dhingra, the previous Company Secretary due to his demise on 29 March 2017.

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Indiabulls Ventures allots 38,864,582 equity shares to Cinnamon Capital (FPI)
May 10,2017

Indiabulls Ventures (the Company) has issued and allotted an aggregate of 38,865,582 (Thirty Eight Million Eight Hundred Sixty Five Thousand and Five Hundred Eighty Two) fully paid up equity shares of face value of Rs. 2/- each of the Company, at an issue price of Rs. 58.40 (including a premium of Rs. 56.40) per equity share, to Cinnamon Capital, a Category III foreign portfolio investor registered with the Securities and Exchange Board of India. Consequent to the said allotment, the paid-up Equity Share Capital of the Company stands increased to Rs. 785,445,004 divided into 392,722,502 equity shares of face value of Rs. 2/-each.

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BITS appoints MD
May 10,2017

BITS announced that Omprakash Ramashankar Pathak has been appointed as Managing Director of the Company with effect from 08 May 2017.

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State Bank of India to hold EGM
May 10,2017

State Bank of India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 15 June 2017 .

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Board of Ador Fontech recommends final dividend
May 10,2017

Ador Fontech announced that the Board of Directors of the Company at its meeting held on 8 May 2017, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 150%) , subject to the approval of the shareholders.

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Board of Emami recommends dividend
May 10,2017

Emami announced that the Board of Directors of the Company at its meeting held on 4 May 2017, inter alia, have recommended the dividend of Rs 1.75 per equity Share (i.e. 175%) , subject to the approval of the shareholders.

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Ador Fontech to hold AGM
May 10,2017

Ador Fontech announced that the Annual General Meeting (AGM) of the company will be held on 2 August 2017.

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Board of Rajoo Engineers recommends final dividend
May 10,2017

Rajoo Engineers announced that the Board of Directors of the Company at its meeting held on 8 May 2017, inter alia, have recommended the final dividend of Rs 0.25 per equity Share (i.e. 25%) , subject to the approval of the shareholders.

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Board of VLS Finance recommends final dividend
May 10,2017

VLS Finance announced that the Board of Directors of the Company at its meeting held on 8 May 2017, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Board of Precision Wires India recommends final dividend
May 10,2017

Precision Wires India announced that the Board of Directors of the Company at its meeting held on 8 May 2017, inter alia, have recommended the final dividend of Rs 2.25 per equity Share (i.e. 45%) , subject to the approval of the shareholders.

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Board of Automobile Corporation Of Goa recommends final dividend
May 10,2017

Automobile Corporation Of Goa announced that the Board of Directors of the Company at its meeting held on 8 May 2017, inter alia, have recommended the final dividend of Rs 12.5 per equity Share (i.e. 125%) , subject to the approval of the shareholders.

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